Comment by bigfishrunning
9 hours ago
In my perception, VCs don't really care about goals. They care about a convincing argument "if you give me money, I'll give you back more money". Note that it doesn't matter if that statement is true; it only needs to be true in aggregate to keep the VCs behaving the way that they do.
Right, they’re not selling products, they’re selling a company. They don’t really care if in 10 years it all goes up in flames, ideally they’re out by then.
They just want investor money because investors are stupid and will give it to them, it’s that simple. They have no moral qualms because they have zero conviction about the business model itself. The business model is just a vessel. It could be anything, if it gets investors interested.